Tide is a United Kingdom business account from a financial technology company, with banking services provided through partner arrangements. It offers a free plan and paid plans, and is built for sole traders and small limited companies in the United Kingdom.
- Who it suits
- Sole traders and small limited companies in the United Kingdom that want a free or low cost account with invoicing and admin tools in an app. Some business structures and industries are not accepted.
- Broadly available in
- United Kingdom.
- Headline monthly fee
- Free plan at no monthly fee; paid plans from about 12.49 pounds per month, as of 29 May 2026.
- Account type
- Business current account from a financial technology company, through partner arrangements.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Overview
Tide is a financial technology company offering business accounts in the United Kingdom through an app, with banking services delivered via partner arrangements. It provides a free plan with no monthly fee and several paid plans that add features such as more free transfers and admin tools. Tide focuses on invoicing, expense, and account management features aimed at small businesses. As of 29 May 2026 it serves sole traders and small limited companies, while several business structures and industries are not accepted.
Strengths
A free plan with no monthly fee. Built in invoicing and admin tools aimed at small businesses. Quick app based onboarding. Directors can be based overseas in some cases, though the business address must be in the United Kingdom for sole traders.
Limitations
Available only in the United Kingdom. Several business structures, including LLPs, PLCs, partnerships, and others, and a list of restricted industries are not accepted. Some everyday actions such as cash deposits can carry fees. Verify current plan features and excluded business types with the provider.
Fees and features
| Monthly fee | Free plan no monthly fee; Smart about 12.49 pounds per month; Pro about 27.49 pounds per month; Max about 69.99 pounds per month, as of 29 May 2026. |
|---|---|
| Transaction fees | The free plan charges a small fee per transfer in and out, while paid plans include a number of free transfers. Cash deposits carry a fee. Verify the current schedule with the provider, as of 29 May 2026. |
| FX fees | International payments are available with currency charges that vary. Confirm current fees with the provider, as of 29 May 2026. |
| Minimum deposit | No headline minimum opening deposit is published. Verify with the provider, as of 29 May 2026. |
| Multi currency | Primarily a sterling account, with international payment features available. Confirm current multi currency options with the provider, as of 29 May 2026. |
| Integrations | Invoicing, expense, and accounting tools, with connections to common accounting software. Confirm current integrations with the provider. |
| Eligibility | You must be at least eighteen, have a United Kingdom mobile number, and be registered with HMRC as a sole trader or with Companies House as a limited company, with a valid address. Some business types and industries are not accepted, as of 29 May 2026. |
Open a Tide business account
Availability and fees vary by country. Check the Tide by country pages below for your market, then confirm current terms with the provider. Shown as of 29 May 2026.
Visit Tide →Tide by country
Questions about Tide
Is Tide a bank?
Does Tide have a free business account?
Who can open a Tide account?
How much do Tide paid plans cost?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 29 May 2026. Confirm current terms with Tide before applying.